Louisville – Area Information and Real Estate Overview
The greater Louisville area has attracted a diverse landscape of horse culture, athletics, business, and higher education. While none of these things seem to go with one another, they uniquely work together to bring about new opportunity and tourism to Kentucky. The result is a community that thrives among residents and visitors alike.
The city holds about 771,000 people with the surrounding areas making up for more than 1.2-million who work and play in the Louisville market. The city is situated on the Ohio River and shares an economy with southern Indiana. Louisville is home to 6-Fortune 500 companies including Humana and the “Yum!” Brands. The U.S. Postal Service also calls Louisville home to its worldwide air operations.
With all the business opportunity comes quality real estate investment as well, with a median home price of just $165,000. The market is also growing and is already up 5% over this same time last year. Property taxes range from $800-$1500 annually depending on location.